It is worse than in 2000 now. Amazon, Microsoft all had good products back then. Amazon was in fact better than it is now.
"AI" hardly has any working products. Vibe coding is foisted upon companies by CEOs who want to promote their friends' products or who want to use it as an excuse for firing people or who have circular revenue agreements with other companies.
This is like the housing bubble of 2008 which was based on hot air and incorrect algorithms.
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